What are "credit" transactions I see in my credit card bill?
I see some transactions on my credit card bill labeled as "credited". They are different from other regular transactions (sometimes labeled as "debit") in a way that makes their nature seem opposite from each other. (Q2: Does that mean I can receive money through my credit card too?)
(1)1 Comments
Sorted by latest first Latest Oldest Best
Yes you can deposit money into your credit card. When you make a repayment of your credit card bill you are making a deposit into it and it will show up as a credit on your statement. If you get a refund for an item you returned this will also be listed as a credit on your statement.
Terms of Use Privacy policy Contact About Cancellation policy © freshhoot.com2025 All Rights reserved.